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Archive By Section - Business

Medient wins round in court against former CEO

The new chief executive officer of Medient Studios said the company got the ruling in its favor from a Nevada judge Wednesday afternoon it anticipated.

July 24, 2014 | By Patrick Donahue | Business

New Medient CEO says work is ongoing

Work on what is expected to be the largest movie studio complex in the U.S. is continuing, and a revised master plan for the project is expected soon, the studio's CEO said Thursday.

July 21, 2014 | By Patrick Donahue | Business

New Medient architect familiar with area, studios

Medient Studios is bringing aboard a firm that knows something about designing massive production complexes.

July 21, 2014 | By Patrick Donahue | Business

Harvey to step down from IDA

Rose Harvey is resigning from the Effingham Industrial Development Authority.

July 21, 2014 | Staff report | Business

State jobless rate rises to 7.4 percent for June

ATLANTA - The Georgia Department of Labor announced Thursday that Georgia's seasonally adjusted unemployment rate for June was 7.4 percent, up two-tenths of a percentage point from 7.2 percent in May. The rate in June of last year was 8.4 percent.

July 17, 2014 | Staff report | Business

New Medient master plan expected soon

The revised master plan for a planned massive studioplex in Effingham County could be finished within two weeks, Industrial Development Authority members learned Thursday.

July 17, 2014 | By Patrick Donahue | Business

Chamber effort teaches businesses how to protect themselves

Many consumers recall being affected by, or at least hearing about, thieves hacking into credit and debit card data of millions of Target customers this past holiday season.

July 14, 2014 | By Paul Floeckher | Business

State high court rejects class-action suit on G-P

State Supreme Court justices ruled Friday that a group of homeowners are not entitled to bring a class-action lawsuit against Georgia-Pacific's Savannah River Mill.

July 14, 2014 | By Patrick Donahue | Business

Former Medient CEO gets hearing date for injunction

A Nevada judge has granted a temporary restraining order to the former CEO and chairman of Medient Studios.

July 10, 2014 | By Patrick Donahue | Business

Effingham IDA sets budget for upcoming fiscal year

The Effingham Industrial Development Authority has approved a $6.49 million budget for its coming fiscal year, making no significant changes to its draft budget.

June 30, 2014 | By Patrick Donahue | Business

Shareholder sues Medient

A Medient shareholder has filed suit against its current board of directors and its ousted CEO and board chairman, claiming the company has breached its fiduciary duty and the defendants are guilty of "gross mismanagement."

June 30, 2014 | By Patrick Donahue | Business

Rural Physician Bus Tour makes a stop at Effingham Health System

Effingham Health System hosted physicians, health care organization representatives and health information technology experts June 25 during a Rural Physician Bus Tour, an event designed to provide information and technical assistance on the Meaningful Use Attestation process.

June 30, 2014 | Staff report | Business

Morgan re-elected to Georgia Health Care Association board

Effingham Health System Chief Executive Officer Norma Jean Morgan recently was re-elected to the Georgia Health Care Association board of directors at the summer board meeting.

June 30, 2014 | Staff report | Business

SEC halts Medient stock trading

The ousted CEO and chairman of the board has filed suit against the remaining Medient Studios board members, and the Securities and Exchange Commission has suspended trading in Medient's stock until July 9.

June 26, 2014 | By Patrick Donahue | Business

CNBC rates Georgia tops for business

Gov. Nathan Deal is celebrating the announcement by CNBC that named Georgia as the No. 1 place for business in the nation.

June 26, 2014 | Staff report | Business

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Articles by Section - Business

When investing, put time on your side

Now that we're well into autumn, the days are getting noticeably shorter. The change in seasons reminds us that time is passing - and it ...

October 21, 2015 | By Ryan Waters | Business

FONU2 to produce James Brown documentary

FONU2, Inc. announced Tuesday it will be producing a documentary on James Brown, "the Godfather of Soul," in association with RKA Entertainment LLC and Loochie ...

October 20, 2015 | Staff report | Business

French company to open operation in Effingham

The Effingham County Industrial Development Authority and DRT have announced the company will be building a plant in the Effingham Industrial Park.

October 13, 2015 | Staff report | Business

Time for annual 401(k) review?

Once you've started contributing to your 401(k) plan and funded it with investments that are appropriate for your needs, you might think you ...

October 06, 2015 | By Ryan Waters | Business

Kolovich joins Optim Orthopedics

Optim Orthopedics has added orthopedist Gregory Kolovich, MD, who will be seeing patients in Rincon. Having recently completed his fellowship, Dr. Kolovich joins Optim from ...

October 06, 2015 | Staff report | Business

What’s smarter — paying off debts or investing?

It probably doesn't happen as much as you'd like, but from time to time, you have some extra disposable income. When this happens ...

September 29, 2015 | By Ryan Waters | Business

Unemployment in Effingham falls to 5.1 percent

ATLANTA-The Georgia Department of Labor announced Thursday that unemployment in Effingham County was down to 5.1 percent for August, a drop from the ...

September 29, 2015 | Staff report | Business

After another big year, port projects even more growth

In his annual state of the port address, Georgia Ports Authority Executive Director Curtis Foltz reported on a year of extraordinary growth, and provided a ...

September 29, 2015 | Staff report | Business

Palmetto Pipeline plans still going forward, executive says

The company proposing to build a billion-dollar pipeline through much of southeast Georgia, including Effingham County, expects to submit its environmental permit applications later this ...

September 29, 2015 | By Patrick Donahue | Business

A new name, a new future

Called a re-grand opening, Saturday's event at Georgia Transformer served as a commitment from the plant's new management to the Rincon facility.

September 29, 2015 | By Patrick Donahue | Business

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